Woodhaven National Bank in Fort Worth, Texas (TX)



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Woodhaven National Bank routing number info

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Woodhaven National Bank
GeneralFDIC Certificate #: 24551
Status: Active
Federal Reserve ID: 513050
Bank Holding Company (Regulatory Top Holder): Myers Bancshares, Inc. (RSSDID: 3207387, Location: Fort Worth, TX)
Date Established: June 07, 1983
WWW: http://www.woodhavenbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Domestic: 8, Interstate: No)
FDIC's unique #: 17056
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 07, 1983
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 6750 Bridge Street, Fort Worth, TX 76112
County: Tarrant
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $413.6 mil
Equity capital: $37.1 mil
Deposits held in domestic offices: $364.7 mil
Return on assets (ROA): 1.37% ($5.7 mil)
Quarterly return on assets: 1.65% ($6.8 mil)
Return on Equity (ROE): 16.17% ($6.0 mil)
Quarterly return on equity: 19.02% ($7.0 mil)
Net income: $5.7 mil
Quarterly Net income: $1.7 mil
Pretax return on assets: 1.38% ($5,708.3 mil)
Quarterly Pretax return on assets: 1.65% ($6,825.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)87
Total assets$413,644
Cash and due from depository institutions$49,526
Interest-bearing balances$38,551
Securities$57,406
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$296,289
Loan loss allowance $3,558
Trading account assets$0
Bank premises and fixed assets$2,827
Other real estate owned$2,377
Goodwill and other intangibles$0
All other assets$5,219
Life insurance assets$413,644
Total liabilities and capital$376,539
Total liabilities$364,681
Total deposits$293,550
Interest-bearing deposits$364,681
Deposits held in domestic offices$76
% insured (estimated)5490.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,854
Other borrowed funds $0
Subordinated debt $1,514
All other liabilities $37,105
Total equity capital$37,105
Total bank equity capital$37,105
Perpetual preferred stock$0
Common stock$965
Surplus$11,482
Undivided profits $24,658
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,705
Earning assets $0
Long-term assets (5+ years) $1,492
Average Assets, year-to-date $392,246
Average Assets, quarterly $76,323
Volatile liabilities $412,782
Insider loans $423,121
FHLB advances $294,591
Loans and leases held for sale $433,823
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $35,613
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $42,476
Derivatives$2,932
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $19,891
Total interest expense $2,919
Net interest income $16,972
Provision for loan and lease losses $658
Total noninterest income $1,245
Fiduciary activities $0
Service charges on deposit accounts $860
Trading account gains & fees $0
Additional noninterest income $385
Total noninterest expense $11,869
Salaries and employee benefits $6,583
Premises and equipment expense $1,921
Additional noninterest expense $3,365
Pre-tax net operating income $5,690
Securities gains (losses) -$2
Applicable income taxes $30
Income before extraordinary items $5,658
Extraordinary gains - net $0
Net income attributable to bank $5,658
Net charge-offs $0
Cash dividends $5,658
Sale, conversion, retirement of capital stock, net $751
Net operating income $2,750
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.08%
Cost of funding earning assets 0.75%
Net interest margin 4.34%
Noninterest income to earning assets 0.32%
Noninterest expense to earning assets 3.03%
Net operating income to assets 1.37%
Return on assets (ROA) 1.37%
Pretax return on assets 1.38%
Return on equity (ROE) 16.17%
Retained earnings to average equity (YTD only) 8.31%
Net charge-offs to loans 0.25%
Credit loss provision to net charge-offs 87.62%
Efficiency ratio8.45%
Assets per employee$65,153
Cash dividends to net income (YTD only)4.75%
Condition Ratios (%)
Loss allowance to loans 48.60%
Loss allowance to noncurrent loans 1.19%
Noncurrent assets plus other real estate owned to assets 131.53%
Noncurrent loans to loans 1.23%
Net loans and leases to deposits0.90%
Net loans and leases to core deposits 81.25%
Equity capital to assets 86.56%
Core capital (leverage) ratio 8.97%
Tier 1 risk-based capital ratio 8.21%
Total risk-based capital ratio 12.09%
Memoranda
Average assets$13
Average earning assets$412,782
Average equity $34,987
Average loans $391,295
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8 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
017056Woodhaven National Bank6750 Bridge Street, Fort Worth, TX 76112June 07, 1983Full Service Brick and Mortar
1257496Lakewood Branch5100 Randol Mill Road, Fort Worth, TX 76112Febuary 21, 1995Full Service Brick and Mortar
4360958Mansfield East Branch1700 East Broad, Mansfield, TX 76063August 11, 2000Full Service Brick and Mortar
5362559Rhome BranchIntersection Of Hwy 114 And 28, Rhome, TX 76078November 19, 2001Full Service Brick and Mortar
6429775Ridglea Bank Branch3325 Fairfield Ave, Fort Worth, TX 76116November 26, 2003Full Service Brick and Mortar
7454566Northeast Branch4607 Colleyville Boulevard, Colleyville, TX 76034June 30, 2006Full Service Brick and Mortar
8465878Beach Street Branch6301 North Beach Street, Fort Worth, TX 76137July 31, 2006Full Service Brick and Mortar
9493133Mercantile Branch2229-A West Park Row, Pantego, TX 76013August 25, 2008Full Service Brick and Mortar
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